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LANXESS COMPLETES SALE OF CHROME CHEMICAL BUSINESS

Chemical Technology | January 13, 2020

news image

German specialty chemicals company Lanxess has completed the sale of its chrome chemicals business to Chinese leather chemicals producer Brother Enterprises for €80m ($89m). The deal was first announced on 12 August last year, when the two companies signed an agreement. Lanxess noted that the transaction obtained all the necessary approvals from the relevant antitrust authorities. A part of Lanxess Leather business unit, the chrome chemicals business has been generating an annual revenue of...

Read More

MILLIKEN & COMPANY ACQUIRES OHIO CHEMICALS AND COATING MAKER

ThomasNet | February 11, 2020

news image

Chemical and materials manufacturer Milliken & Company recently announced it had officially closed on its acquisition of specialty chemicals maker Borchers Group from former parent The Jordan Company. South Carolina-based Milliken, which also makes specialty fabrics, flooring, and medical products, said Borchers’ coating additives and specialty catalyst solutions would bolster its sustainable coating additives platform. Borchers, a company in the Cleveland area, houses a portfol...

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Policy and Perspectives, Chemical Management

MARATHON OIL COMPLETES ACQUISITION OF EAGLE FORD

Marathon Oil Corporation | January 10, 2023

news image

Marathon Oil Corporation announced the completion of its acquisition of Ensign Natural Resources' Eagle Ford assets for a total cash consideration of $3.0 billion. The acquisition was announced earlier, on November 2, 2022. Lee Tillman, Chairman, President, and CEO, said, "We are pleased to announce the close of our acquisition of Ensign's high-quality assets in the core of the Eagle Ford Shale." He further added, "This acquisition satisfies every element of...

Read More

Chemical Technology

ANA CHOOSES GE DIGITAL’S FUEL INSIGHT TO DRIVE SUSTAINABILITY INITIATIVES

GE Digital | February 17, 2022

news image

GE Digital today announced that All Nippon Airways has implemented Fuel Insight, a software solution that works by understanding real data from the aircraft to meet 2050 net zero emissions goals. Aviation Software solutions from GE Digital help aircraft operators increase sustainability across their operation – from fuel usage, to airspace efficiency, predictive maintenance, and flight crew performance. Fuel Insight from GE Digital Aviation Software is a digital suite that l...

Read More
news image

LANXESS COMPLETES SALE OF CHROME CHEMICAL BUSINESS

Chemical Technology | January 13, 2020

German specialty chemicals company Lanxess has completed the sale of its chrome chemicals business to Chinese leather chemicals producer Brother Enterprises for €80m ($89m). The deal was first announced on 12 August last year, when the two companies signed an agreement. Lanxess noted that the transaction obtained all the necessary approvals from the relevant antitrust authorities. A part of Lanxess Leather business unit, the chrome chemicals business has been generating an annual revenue of...

Read More
news image

MILLIKEN & COMPANY ACQUIRES OHIO CHEMICALS AND COATING MAKER

ThomasNet | February 11, 2020

Chemical and materials manufacturer Milliken & Company recently announced it had officially closed on its acquisition of specialty chemicals maker Borchers Group from former parent The Jordan Company. South Carolina-based Milliken, which also makes specialty fabrics, flooring, and medical products, said Borchers’ coating additives and specialty catalyst solutions would bolster its sustainable coating additives platform. Borchers, a company in the Cleveland area, houses a portfol...

Read More
news image

Policy and Perspectives, Chemical Management

MARATHON OIL COMPLETES ACQUISITION OF EAGLE FORD

Marathon Oil Corporation | January 10, 2023

Marathon Oil Corporation announced the completion of its acquisition of Ensign Natural Resources' Eagle Ford assets for a total cash consideration of $3.0 billion. The acquisition was announced earlier, on November 2, 2022. Lee Tillman, Chairman, President, and CEO, said, "We are pleased to announce the close of our acquisition of Ensign's high-quality assets in the core of the Eagle Ford Shale." He further added, "This acquisition satisfies every element of...

Read More
news image

Chemical Technology

ANA CHOOSES GE DIGITAL’S FUEL INSIGHT TO DRIVE SUSTAINABILITY INITIATIVES

GE Digital | February 17, 2022

GE Digital today announced that All Nippon Airways has implemented Fuel Insight, a software solution that works by understanding real data from the aircraft to meet 2050 net zero emissions goals. Aviation Software solutions from GE Digital help aircraft operators increase sustainability across their operation – from fuel usage, to airspace efficiency, predictive maintenance, and flight crew performance. Fuel Insight from GE Digital Aviation Software is a digital suite that l...

Read More